80+ Pips SELL Good Luck! KEEP THE RADARS UP!!!
Litecoin/Bitcoin (Binance) Litecoin has been following the down triangle and is now being met with resistance at the 0.007000 - 0.007100 range. As we can see there is starting to be a swing back to the upside starting. On the 3hr chart we are looking for the reversal back to the upside. Looking at the buy & Sell walls on Binance it's estimated that to...
Hello all - DuncanForex here with another trade idea. With USD weakening against GBP, I have been watching EURUSD today to see when it will reverse to trade this pair After the engulfing 1 hour candle this afternoon- I have entered on the retrace Looking for a quick scalp before the close later this evening and if it looks to close bullish - I will stay in,...
Resistance zone prevents Bitcoin from pushing higher which is NOT unusual since this market is STILL IN A CORRECTIVE CONSOLIDATION. In fact, the 11650 low of the previous inside bar was taken out, generating a new sell signal. Both of our swing trade ideas reached their respective targets days ago, and all we maintain now is inventory from an average price in the...
if youre not long already you might get lucky with a retrace play here if eu wants to retest the level from which it left
Fib extension on lower TF's has it completing wave 5 right at the bottom of this channel. sub-wave3 hit the 1.127 fib so if subwave 5 is 1:1, the 2.27 is the bottom of the channel.
D1 - Special or triple cycle completed, currently it looks like a retrace is happening. H4 - We have two critical zones that has formed based on the fibo retrace and fibo expansion levels of the cycles. Price has reached the first critical zone, we have bearish divergence, until this critical zone holds, we may look for more evidences of bearish pressure and...
BTC short down to complete retrace C and than going up start wave 3 of 3 very big i think in wave 3 BTC complete economy earth change usd currency down for ever
Weekly candle getting rejected at our rejection level, a breakout above will invalidade short ideas. Next hotspot might be 5500/5k(old all time high). Bitcoin Weekly needs to close above 6250/6500 to save us from sub 6k. Liquidity area between the trading range of 3600-5k. Don't forget to follow and share.
Good morning my fellow Bitcoinistas! I know the weekly close is over 12 hours away but I wanted to go ahead and put out my weekly update so you have the information in advance. I'm going to try to keep this short, to the point, and just hit the high spots. I will add a link to last week's update for anybody not following my work that wants to see the previous...
Bitcoin has pierced through every single resistance level without considerable cool down and retracement. The 0.618/($13,500) retracement level is the last level to be conquered. If we break through this level then prices like 20,000, 25,000 or even higher are probably due to the fact that the market is in an extreme parabolic phase and does not care for any...
Assuming we are at the end of a wave 3, here's an idea of a scenario where we retrace now, and reach a modest 25-30k at the end of the year. Alternatively, it would not be super surprising if Bitcoin instead rallied directly to 17-20k. From 20k, a .618 retrace would land us at 9.7k. My current feeling is that this rally is a strong but short-lived one, due to...
Hello all Following EURJPY make great moves in the last 24 hours, I am looking for the pair to head higher The pair have now retraced to dynamic support which was resistance. (in the down trend on the left picture) On the right picture I have dropped down to alower time frame to show where I would be looking to enter if it starts to cycle higher and a bullish...
Bitcoin continues to linger above 9K while the 9500 reversal zone boundary is still in play. As I constantly remind our followers, short term timing strategies like swing trading rely on probabilities. We measure these probabilities in the form of price patterns and levels. When price reaches a reversal zone, and does not take it out, there is a greater chance of...